Original article by Tess Ingram
The Australian Financial Review – Page: 13 & 18 : 15-Aug-17

Newcrest Mining has posted a 2016-17 net profit of $US308m, which is seven per cent lower than previously. The result was marred by one-off items totalling $US86m, although its underlying net profit rose 22 per cent to $US394m. Newcrest reduced its net debt to $US1.5bn in 2016-17, while it has announced a new dividend policy which will result in shareholders receiving at least 10-30 per cent of free cash flow in the form of dividends. The minimum annual dividend payout will be $US0.15 per share.

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NEWCREST MINING LIMITED – ASX NCM, MORGANS FINANCIAL LIMITED, ALLAN GRAY AUSTRALIA PTY LTD